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Tmfwang said:

On all the articles about rumours about PS4K, there are people ranting and hating on Sony, "for abandoning the early PS4 adopters". Sony have never even once (as far as I know) commented about the supposedly PS4K, for all we know, it could not even exist, and then there is people already (allegedly) selling their current PS4s. 

In my opinion, the PS4K, if it even exists, is just a regular PS4 equiped with a 4K Blu-ray player, so that a PS4(K) is the cheapest alternative when getting a 4K blu-ray player, just as PS3 was in the early years with the original blu-ray.

I don't think it will have a 4K Bluray player, as that would cost too much.  Although the original PS3 did introduce everyone to Bluray, it was also $599.  Sony is not going to do that again.  PS4 Slim for $299 is a much better option.